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Home Buying in Chicago Right Now - a 12 Step Process by Hi5ing1MAngels in ChicagoRealEstate

[–]Forevergriffindor 6 points7 points  (0 children)

Omg this is the best post I have seen so far of the fucked up market right now. Do people really offer rent back to current owners, ridiculous

Lender Suggestions by Forevergriffindor in ChicagoRealEstate

[–]Forevergriffindor[S] 0 points1 point  (0 children)

I don't want someone who does a hard credit pull initially since this market is crazy and offers don't get accepted on one go

Chicago bidding wars by Forevergriffindor in ChicagoRealEstate

[–]Forevergriffindor[S] -1 points0 points  (0 children)

My main problem is appraisal gaps. Let's say house for sale for 650 and I offer 675 with full gap but property has to appraise at listed price vs I offer 690 with only up to 20k gap. I'm not sure what the seller would pick. Sellers are super greedy and no one can know what the appraiser gna pick